Superfos to sell Superfos Pharma

2005-12-14

Ratos's associated company Superfos is selling its Pharma division to Gerresheimer Group GmbH for EUR 53m.

Superfos Pharma, one of Europe's leading suppliers of plastic packaging for the pharmaceutical industry, accounted for 7% of the Superfos Group's total sales of EUR 344m in 2004. The proceeds of the sale will mainly be used for amortisation.

After the divestment of Pharma, the Superfos Group will concentrate on further strengthen its position as Europe's largest manufacturer of high-quality injection moulded plastic packaging for both the food and non-food markets.